Jack Wittels

(Dec 17): Recent strength in Europe’s fuel markets is starting to fade, eroding oil refiners’ margins and taking away a supportive factor for crude prices as the year draws to a close. Diesel — which accounts for about 40% of OECD Europe’s oil demand — hi... See more

New Platts Policy Excludes Russian-Origin Fuel Cargo and Barge Prices Will Reflect Stricter EU Sanctions | Bloomberg NewsJack Wittels Key Takeaways: - Platts said it will stop including fuel made from Russian crude in its cargo price assessments on Dec. 1... See more

shippingregulator is on the verge of green-lighting a global charge on the industry’s emissions, something that has prompted the Trump administration to threaten tariffs in response. Tired of too many ads? Remove Ads The International Maritime Organizatio... See more

Shipping Braces for Carbon Tax, Fueling Trump Tariff Threat IMO Meets This Week to Decide on GHG Rules | Bloomberg NewsJack Wittels Stay on top of transportation news: [Get TTNews in your inbox.] The world’s shipping regulator is on the verge of green-lig... See more